Namibia's annual inflation drops to 4.8 pct in April


  • World
  • Thursday, 09 May 2024

WINDHOEK, May 8 (Xinhua) -- Namibia's annual inflation rate for April dropped to 4.8 percent from 6.1 percent in April 2023, according to Namibia Consumer Price Index statistics released on Wednesday.

Food, non-alcoholic beverages, alcoholic beverages and tobacco, each contributing 1.0 percentage points, continued to be the main contributors to inflation as well as housing, water, electricity, gas and other fuels and transport accounting for 0.9 percentage points, Namibia Statistics Agency (NSA) Statistician Alex Shimuafeni said in a statement.

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